Brinker Capital Posts Record Q1, Despite Market Volatility.Posts Most Successful Quarter in Company History BERWYN, Pa. -- Brinker Capital, a leading investment management firm, today announced that in the first quarter of 2008, new asset inflows rose by a total of $712 million, a 20% increase over the same period last year. This makes Q1 '08 the most successful quarter in Brinker's history. The firm's total assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. stood at $9.7 billion as of March 31, 2008. "We believe this record quarter may validate our belief that advisors and their clients have come to trust Brinker Capital's implementation of modern portfolio theory Modern portfolio theory Principals underlying the analysis and evaluation of rational portfolio choices based on risk return trade-offs and efficient diversification. modern portfolio theory See portfolio theory. , especially during times when the markets are particularly volatile," said Lee Dolan, National Sales Director and Principal of Brinker Capital. "We've increased the diversification Diversification A risk management technique that mixes a wide variety of investments within a portfolio. It is designed to minimize the impact of any one security on overall portfolio performance. Notes: Diversification is possibly the greatest way to reduce the risk. and enhanced our portfolio construction techniques to seek consistent returns to which advisors have responded very enthusiastically. We also believe our inclusion of asset classes that have low or negative correlation Noun 1. negative correlation - a correlation in which large values of one variable are associated with small values of the other; the correlation coefficient is between 0 and -1 indirect correlation to equities and bonds, such as commodities and emerging markets, contributed to our downside protection Downside Protection Generally used in connection with covered call writing, this is the cushion against loss, in case of a price decline by the underlying security, that is afforded by the written call option. . Beyond this, we've expanded the breadth of field support we're giving to advisors by growing our sales territories and adding new sales personnel." Mr. Dolan noted that advisors are gravitating to the Brinker Capital brand because of its unique approach to money management, coupled with the array of value-added practice management, consulting and administrative services it makes available to its clients. New Product Gains Advisor Support Earlier this year, Brinker Capital introduced a Tax Transition strategy as an add-on to its successful UMA (1) (Unlicensed Mobile Access) See GAN. (2) (Upper Memory Area) Memory in a PC between 640K and 1M. More relevant in the days of DOS, this region was broken into Upper Memory Blocks (UMB) reserved for video memory and other product. Despite its short time on the market, The Brinker Capital UMA+Tax Transition (UMA+TT) has received enthusiastic response from financial advisors because of its ability to help transition a client's assets to a diversified diversified (di·verˑ·s portfolio over time, while avoiding potential negative tax consequences. Satisfied Financial Advisors In its most recent Advisor Satisfaction Survey, Brinker Capital scored a 96% "excellent" or "good" response for its investment services and support, and 95% of the firm's advisor clients said they would "recommend Brinker Capital to a colleague." About Brinker Capital Brinker Capital, Inc. is a leading independent investment management firm which provides managed account investment programs to individual and institutional investors Institutional Investor A non-bank person or organization that trades securities in large enough share quantities or dollar amounts that they qualify for preferential treatment and lower commissions. through financial advisors. Brinker was founded in 1987 by Charles Widger and is located in suburban Philadelphia. Assets under management were over $9.7 billion as of March 31, 2008. Visit Brinker's website at www.brinkercapital.com. |
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